China's Construction Orders CRATER: Is This the Bottom or Just the Beginning

Bearish · $601668.SS · $601186.SS · $601390.SS · $601618.SS · $601117.SS

What Happened

China's major construction firms reported sharp declines in new orders for August, with China Power Construction's monthly orders plunging 34.6% and China Chemical's down 56% year-over-year.

Bottom Line

Construction order data remains weak, but some segments show resilience, suggesting a mixed outlook for the sector.

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